In France, they sell wine.They identified their customers (in your case, reliable tenants) and provided what they wanted to buy (rent).SummaryFollow this proven, step-by-step process to maximize your chances of success and minimize risk in real estate investing.Has this process proven successful?

How many people every year pour out there life savings to come for a vacation, just from TX, not even mentioning the US or rest of world. 

Plus, if you aren't able to get approved with what you've got now in terms of savings, credit, etc. you can learn on what you need to qualify so you know what to be working towards. 

Definitely saved a lot of money.

The $10,000 is better saved for legal defense. 

Like Having a great base of index funds and a fully funded IRA before throwing savings into crypto or the newest AI quantum-powered dog walking business! 

Two, you'll have a much easier time obtaining a mortgage product if you have a track record of W2 income.In the meantime, continue implementing the strategies you mentioned: save religiously, build your credit, pay any existing debt owed, etc.

It will save you a ton of money upfront and you'll gain the experience to upgrade to larger deals.  

If it's 2/5 previous years you stand to save more on taxes than you would renting the property.

For yourself, I'd save up enough to be able to house hack, and then house hack.Hope that helps.